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Since 2021, the number of FG500 companies headquartered in the US has increased, reversing downward trend

14 December 2023

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Tax Alerts, Legislation & Policy

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United States

The decades-long decline in the number of the world's largest companies headquartered in the US has begun to reverse.In 2023, the US surpassed China as the country with the highest number of headquarters for the world's 500 largest companies by revenue.While several factors go into a company's decision on where to headquarter, the data suggests that tax policy may have a role to play.The decades-long decline in the number of the world's largest companies headquartered in the US has begun to reverse. In 2021, the US began gaining back some of these headquarters, and in 2023, the US surpassed China...